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FX.co ★ EUR/USD approaching resistance potential drop!

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Forex Analysis:::2019-11-19T04:07:58

EUR/USD approaching resistance potential drop!

Price is approaching our first resistance where we are expecting a drop below this level.

Entry: 1.10944

50% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 1.09994

Why it's good : 61.8% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support

EUR/USD approaching resistance potential drop!

Analyst InstaForex
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